lwat

I don't see any suggestions from your side?

That's like saying I have no right to stop email spammers and that they should have the right to decide if their email volume is appropriate or not.

Making sub-cent transactions is a waste of MY resources because every transaction gets duplicated to everyone's copy of the blockchain. That's spam. If we don't stop this then the blockchain will become so unwieldy that it makes Bitcoin all but useless for everyone, and that's not good for anyone.

You can aggregate those and pay them out when they become big enough. Bitcoin stores every transaction on every computer on the Bitcoin network. It's not suited to transactions that small, you're just wasting everyone's resources.

Why

If you're making transactions smaller than 1 cent, keep them off the blockchain. You're just wasting everyone's resources. Aggregate them until they're big enough to matter and THEN commit them to the blockchain.

The limit will be adjusted if BTC becomes worth thousands.

No this is awesome. Only transaction smaller than about half a cent is blocked. There's no good reason to make a transaction that small on the blockchain. Satoshidice sends thousands of transactions of one satoshi each every day and it adds gigabytes of data to to millions of computers worldwide. What a waste of resources.

The way I make sense of this is that you need fewer (slow) disk reads to get the same amount of data into RAM, so that might explain the speedup?

I agree that it sounds too good to be true though.

You say efficient, we say awkward.

The chart stops at 2010, many more bitcoins have been mined since.

L Ron Hubbard

Now that someone's identified these coins people will watch them very closely. It's gonna be very difficult for Satoshi to ever get their millions out of the system.

You misread, it's not 63% of the market. Its about 10% of the market - 1148800 BTC